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EXIM Thailand targets 4% export growth in 2021

November 15, 2020

The Export-Import Bank of Thailand (EXIM Thailand) forecasts Thai export growth as high as 4 per cent in 2021, as global trade and economy recovers from a low base of -10 per cent. However, export growth may not return to 2019 levels due to ongoing Covid-19 restrictions around the world, cautioned the bank’s president Pisit Serewiwattana.

Exim Bank denies hand in suspicious financial transactions

September 22, 2020

The Export-Import Bank of Thailand (Exim Thailand) issued a statement on Tuesday (September 22) dismissing the International Consortium of Investigative Journalists (ICIJ)’s allegation of suspicious transactions.

Exim Bank launches scheme to help businesses with post-Covid-19 recovery

FRIDAY, SEPTEMBER 04, 2020

The Export-Import Bank of Thailand (Exim Thailand) has launched a business rehabilitation scheme for specific clients, by using its "support-relax-extend-sustain" approach.

High reserve for doubtful debts leaves Exim Bank with Bt1.4-billion loss

THURSDAY, JULY 23, 2020

The Export-Import Bank of Thailand (Exim Bank) has reported a loss of Bt1.4 billion in the first half of the year after setting aside Bt5.4 billion as reserve for doubtful debts.

EXIM Thailand and China, Japan banks to loan Bt10.5bn for BCPG energy projects

MONDAY, JULY 20, 2020

The state-owned Export-Import Bank of Thailand (EXIM Thailand) today signed a joint agreement to finance hydroelectric power plants in Laos with Bt5.41 billion in loans. The agreement was signed with Thailand’s BCPG Plc (the plants’ developer) and the Industrial and the Commercial Bank of China (Thai) (ICBC Thai).

EXIM Bank signs deal for solar power plant in Vietnam

MONDAY, JULY 13, 2020

EXIM Thailand is collaborating with ICBC (Thai) and ICBC Hanoi to provide a US$38.39-million (Bt1.2-billion) financial facility to Super Energy Corporation Plc for investing in a 50-megawatt solar power plant in Vietnam’s Phu Yen province.

EXIM Thailand president has term extended

FRIDAY, MAY 29, 2020

Pisit Serewiwattana will spend another eight months in his post as president of the Export-Import Bank of Thailand (EXIM Thailand), after the board of directors unanimously resolved to approve extending his term of office.

Exim Thailand cuts lending interest rate to help customers amid virus crisis

TUESDAY, MARCH 17, 2020

The Export-Import Bank of Thailand (Exim Thailand) has cut its lending interest rate, comprising the minimum overdraft rate, minimum loan rate (MLR) and minimum retail rate (MRR), from 5.985 per cent per annum to 5.75 per cent, the lowest in the banking industry today, effective from March 19.

Export-Import Bank of Thailand launches New Year schemes to help SMEs

THURSDAY, DECEMBER 19, 2019

In making the announcement, the bank’s president Pisit Serewiwattana noted that the 2019 global economic and trade expansion at 10-year low rates of 3.0 per cent and 1.1 per cent respectively and the prevailing low inflation and interest rates have dampened Thailand’s international trade.

Exim Thailand cuts interest rates

SATURDAY, NOVEMBER 09, 2019

The Export-Import Bank of Thailand (Exim Thailand) has announced a prime interest cut to 6 per cent per annum down from 6.125 per cent to support the government policy to help Thai entrepreneurs, especially SMEs, reduce international trade and investment costs.

EXIM Bank provided Bt140.5 billion in loans in first nine months

MONDAY, NOVEMBER 04, 2019

The Export-Import Bank of Thailand (EXIM) said it granted loans totalling Bt140.51 billion in the first nine months of this year, with Bt79.24 billion, or 56.40 per cent, going to SMEs.

Second-half export growth depends on unique products, meeting global needs: EXIM

WEDNESDAY, JULY 31, 2019

The Export-Import Bank of Thailand (EXIM Thailand) has predicted that Thai export growth in the second half of 2019 will hinge upon products with unique characteristics, and that also meet expectations of the global market.

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